Oneida County Economic Development Corp
- Assets
- $273.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Rhinelander, WI
- Founding
- 01/1991
- Data as of
- 12/2021
- EIN
- 39-1637294
Organization Overview
Oneida County Economic Development Corp is located in Rhinelander, WI. The organization was established in 1991. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Oneida County Economic Development Corp employed 3 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Oneida County Economic Development Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Oneida County Economic Development Corp generated $161.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $132.8k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND STIMULATE THE ORDERLY GROWTH OF STABLE BUSINESSES WHICH PROVIDE YEAR-ROUND EMPLOYMENT THROUGHOUT ONEIDA COUNTY WHILE MAINTAINING A HIGH QUALITY OF LIFE WITH A LIVABLE WAGE.
Describe the Organization's Program Activity:
Part 3
BUSINESS RECRUITMENT: PROMOTE ONEIDA COUNTY TO BUSINESS RELOCATION PROSPECTS & ENTREPRENEURS (PROVIDE STATISTICAL INFORMATION, SITE SELECTION ASSISTANCE, FINANCING OPTIONS, ETC.)
BUSINESS RETENTION: ASSIST LOCAL EMPLOYERS WITH EXPANSION PROGRAMS (ACCESS TO FINANCING OPTIONS, STATISTICAL INFORMATION, AND PROBLEM RESOLUTION) AND PROVIDE EDUCATIONAL OPPORTUNITIES TO ENHANCE BUSINESS CAPACITY.
DEVELOP PHYSICAL, FINANCIAL & HUMAN CAPITAL REQUIRED FOR ECONOMIC GROWTH: CREATE AND MAINTAIN INDUSTRIAL SITES, ADMINISTER REVOLVING LOAN FUND, PARTNER IN WORKFORCE DEVELOPMENT INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Leyden President El | 1 | $0 | |
Philip Albert Secretary | 1 | $0 | |
Russ Fisher Director | 1 | $0 | |
Zach Vruwink Director | 1 | $0 | |
Don Theisen Director | 1 | $0 | |
Jack Sorensen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,340 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $208 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,548 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $109,772 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,419 |
| Printing, publications, postage, and shipping | $670 |
| Other expenses | $15,934 |
| Total expenses | $132,795 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $273,850 |
| Other assets | $0 |
| Total assets | $273,850 |
| Total liabilities | $28,468 |
| Net assets or fund balances | $245,382 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oneida County Economic Development Corp has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Dairyland Economic Opportunity Council Incorporated Independence, WI | $9,371,395 | $17,670,947 |
Community And Economic Development Associates Chatfield, MN | $1,658,001 | $2,830,781 |
New Covenant Community Development Chicago, IL | $1,571,797 | $1,893,496 |
Sharing Our Roots Northfield, MN | $1,750,092 | $967,957 |
Door County Economic Development Corporation Sturgeon Bay, WI | $2,581,699 | $998,049 |
Center For Rural Policy And Development Mankato, MN | $628,188 | $663,588 |
Chi Ishobak Inc Dowagiac, MI | $9,230,195 | $2,545,311 |
Big Ideas Inc New Ulm, MN | $77,922 | $540,880 |
Southernmost Illinois Delta Empowerment Zone Mounds, IL | $4,432,578 | $281,750 |
Michigan Rural Rehabilitation Corporation Marshall, MI | $5,790,838 | $303,009 |
Southern Iowa Development Group Inc Creston, IA | $3,072,784 | $1,218,637 |
Harrison County Agriculture Society Missouri Valley, IA | $551,749 | $211,482 |